More companies turn to leasing and factoring, a survey reveals

With stricter access to bank credit, Portuguese Companies are turning to alternative financing, a recent survey reveals.
Jorge Gasper, Director of BBVA Portugal, provides an overview of supply chain finance in Portugal for the 2011/2012 edition of the Supply Chain Finance Yearbook.
The Portugese government steps in to resolve the financing crisis suffered by the textile sector
Banco Espirito Santo confirmed that net income increased 83 per cent year-on-year in H1 and this was assisted by its leasing and factoring units.